Williams Companies (Germany) Market Value
| WMB Stock | EUR 55.40 0.46 0.82% |
| Symbol | Williams |
Williams Companies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Williams Companies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Williams Companies.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Williams Companies on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding The Williams Companies or generate 0.0% return on investment in Williams Companies over 720 days. Williams Companies is related to or competes with Enbridge, Kinder Morgan, and Targa Resources. The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States More
Williams Companies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Williams Companies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Williams Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.2615 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 3.16 |
Williams Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Williams Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Williams Companies' standard deviation. In reality, there are many statistical measures that can use Williams Companies historical prices to predict the future Williams Companies' volatility.| Risk Adjusted Performance | 0.2725 | |||
| Jensen Alpha | 0.4328 | |||
| Total Risk Alpha | 0.2736 | |||
| Sortino Ratio | 0.3765 | |||
| Treynor Ratio | 0.8364 |
The Williams Companies Backtested Returns
Williams Companies appears to be very steady, given 3 months investment horizon. The Williams Companies shows Sharpe Ratio of 0.34, which attests that the company had a 0.34% return per unit of risk over the last 3 months. By examining Williams Companies' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Williams Companies' Mean Deviation of 1.07, market risk adjusted performance of 0.8464, and Downside Deviation of 1.02 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Williams Companies holds a performance score of 26. The firm maintains a market beta of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Williams Companies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Williams Companies is expected to be smaller as well. Please check Williams Companies' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Williams Companies' historical returns will revert.
Auto-correlation | 0.72 |
Good predictability
The Williams Companies has good predictability. Overlapping area represents the amount of predictability between Williams Companies time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Williams Companies price movement. The serial correlation of 0.72 indicates that around 72.0% of current Williams Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 40.8 |
The Williams Companies lagged returns against current returns
Autocorrelation, which is Williams Companies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Williams Companies' stock expected returns. We can calculate the autocorrelation of Williams Companies returns to help us make a trade decision. For example, suppose you find that Williams Companies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Williams Companies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Williams Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Williams Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Williams Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Williams Companies Lagged Returns
When evaluating Williams Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Williams Companies stock have on its future price. Williams Companies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Williams Companies autocorrelation shows the relationship between Williams Companies stock current value and its past values and can show if there is a momentum factor associated with investing in The Williams Companies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Williams Stock
Williams Companies financial ratios help investors to determine whether Williams Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Williams with respect to the benefits of owning Williams Companies security.